GST is applicable on transfer of title without affecting the delivery of goods – Tamilnadu Advance Ruling Authority

AAR (Advance Ruling) Case Law Details Applicant Name :  Automative Components Technology India Private Limited Appeal Number : Order No. 05/ARA/2020 Date of Judgement/Order : 31/01/2020 Courts : AAR Tamilnadu (96) Advance Rulings (1253) Question(s) on which Advance Ruling was sought...

TDS provision under GST

TDS provision under GST There are certain category of persons for whom registration under GST act is mandatory irrespective of their turnover limits as specified in Section 22. These categories have to get register themselves on mandatory basis under...

Transfer of ITC in case of business reorganization

Transfer of ITC in case of sale, merger, demerger amalgamation, lease or transfer of business:- As per section 18(3) of CGST Act, 2017 in case of change in the constitution of registered person on account of sale, merger, demerger,...

Restriction in Availment of Credit in terms of sub rule (4) of rule 36 of CGST Rules,2017

As per CGST Rule 36(4) : Input tax credit to the recipient in respect of invoices or debit notes that are not reflected in his FORM GSTR-2A shall be restricted to 10 % of the eligible...

Full ITC cannot be availed when payment is netted off against receivables for the supplies made between Branch and HO

Authority for Advance Ruling (AAR Tamilnadu) pronounced in case of M/s. Sanghvi Movers Ltd. that full ITC cannot be availed by registered branch office for the services procured from HO where payments are netted off...

Circular clarifying GST impact on transactions related to outsourcing of IT enabled services by overseas entities

Central Board of Indirect Tax & Customs (CBIC) issued circular no. 20/06/03/2019-GST dated 18th July, 2019 clarifying implications under GST related to Information Technology enabled services (ITes) outsourced to Indian entities by overseas companies (i.e. call centres,...

GST Circular clarifying treatment of goods sent/taken out of India for exhibition or on consignment basis and procedural aspects under GST

Central Board of Indirect Tax and Customs clarified through circular No.108/27/2019-GST dated 18th July, 2019 about procedures, documentation and implications under GST on transaction with respect to goods sent/taken out of India for exhibition or on...

High Court allowed set-off of credit availed on construction of an immovable property against GST payable on rent income

Safari Retreats Private Limited (“Company”) Vs Chief Commissioner of Central Goods & Service tax (Orissa High Court) The Company is mainly carrying on business activity of constructing shopping malls for the purpose of letting out...

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